Royal Family Net Worth 2022: $600 Million for Queen Elizabeth at Time of Death!
Long has the world been captivated by the British royal family, led by Queen Elizabeth II until her death on September 8, 2022. Now, all eyes are on the newly crowned King Charles III and his wife, Camilla, the Queen Consort.
Princess Beatrice: One Million Dollars
Princess Beatrice has worked full-time in the business and devotes a substantial amount of her time and energy to numerous causes. Among the organizations she has supported are the Berkshire Community Foundation, the Broomwood African Education Foundation, the English National Ballet School, and the Forget Me Not Children’s Hospice.
On September 18, 2021, Beatrice, the eldest daughter of Prince Andrew, Duke of York, and Sarah Ferguson, gave birth to her first child, Sienna Elizabeth, with husband Edoardo Mapelli Mozzi.
Princess Eugenie: $1 Million
On October 12, 2018, Princess Eugenie wed Jack Brooksbank in St. George’s Chapel in Windsor Castle. In February, she gave birth to August Philip Hawke Brooksbank, the couple’s first child. The Daily Mail claimed in August that Brooksbank had left his position as Casamigos tequila ambassador to join his father’s company, Pangaea Land And Property Limited.
It is reported that her estimated $10 million fortune is housed in trust funds established by her grandmother, Queen Elizabeth II, and her great-grandmother, the Queen Mother, as well as a trust established by her divorced parents. Eugenie has her own wages as well. She has degrees in art history and English literature and has served as the associate director of an art gallery in London.
$5 Million for Camilla Parker Bowles, Queen Consort
Camilla Parker Bowles, who has been married to Charles since April 2005 without a prenuptial agreement, is technically known as Camilla, Queen Consort. Parker Bowles is reportedly a gentle, modest individual who carries her own money.
She devotes the majority of her time to charitable causes including health and well-being, literacy promotion, assisting the less fortunate, Cornwall-based charities, heritage and the arts, animal welfare, sexual assault, and cancer.
Kate Middleton: $10 Million
Due to their company, Party Pieces, Kate Middleton’s entrepreneurial family is estimated to be worth $50 million. This is a portion of the royal family’s riches. It is unknown how much, if any, of her net worth originates from the Middleton family, but her grounded personality and amazing fashion sense have made her a beloved international sensation.
$30,000,000 for Prince Philip (at Time of Death)
In November 1947, Philip Mountbatten wed Princess Elizabeth, five years prior to her coronation as Queen Elizabeth II. Due to the monarchy’s long-established laws and regulations, he never assumed the title of king, despite having royal blood.
His father was Prince Andrew of Greece and his mother was Princess Alice of Battenburg. He was born Prince Philip of Greece and Denmark. When he resigned his royal titles and became a British subject in 1947, he adopted the surname, Mountbatten.
Prince Philip, the fourth cousin of his wife, served in the British Royal Navy from 1939 to 1953. Also an outstanding pilot, he received his Royal Airforce Wings in 1953 and accumulated over 5,900 flight hours over a period of 44 years. He died in April 2019 at age 99.
$60 Million. Prince Harry & Meghan Markle
Now exempt from official royal obligations, Prince Harry withdrew from the British Army after 10 years of service in 2015. Prior to leaving the military, he was a captain in the Army Air Corps earning approximately $45,000 per year.
Following his 30th birthday in September 2014, when he inherited an estimated $12.3 million from the estate of his late mother, Princess Diana, his royal net worth increased significantly.
Prince Harry now resides in a $14.7 million mansion in Montecito, California, with an estimated net worth of $60 million, thanks to lucrative deals he and Markle have made for their Archewell Productions and Archewell Audio labels with Netflix and Spotify, respectively.
Markle joined the family in May 2018 when she married Prince Harry. The estimated net worth of the former “Suits” actress at the time of her marriage was $5 million.
Prince William to Receive $100 Million
Prince William is the first in line to the throne as the eldest son of King Charles III and the late Princess Diana. On his 30th birthday in 2012, the future king received an inheritance of around $12.3 million from the estate of Princess Diana.
Upon the passing of his grandmother, William inherited Charles’ real estate empire worth a billion dollars. The Duchy of Cornwall generates between $20 and $30 million in personal income annually.
The Duchy of Cornwall was established by King Edward III in 1337 and consists of more than 130,000 acres of land. There are agricultural areas, residential and commercial properties, as well as undeveloped territories such as rivers and shorelines. According to its website, the Duchy manages the land in a way that is sustainable, financially successful, and beneficial to the local population.
Despite his wealth as a member of the British royal family, Prince William worked as a pilot for East Anglian Air Ambulance. The prince now works full-time as a royal and has donated his entire $62,000 annual salary to charity. He and his wife, Kate Middleton, also have the titles of Duke and Duchess of Cambridge, and they are the parents of three children, including Prince George, 8, who will succeed his grandpa and father on the throne.
$600,000,000 for King Charles III
After his mother’s passing, the newly crowned King Charles III inherited nearly $28 billion in assets belonging to the Crown Estate, Buckingham Palace, the Duchy of Lancaster, the Duchy of Cornwall, Kensington Palace, and the Crown Estate Scotland, for an estimated net worth of $600 million.
Charles previously earned $20 to $30 million annually from the Duchy of Cornwall, which now belongs to William.
$600 Million for Queen Elizabeth (at Time of Death)
Forbes said that Queen Elizabeth II’s personal fortune can be attributed to her investments in jewels, art, and her two privately owned homes, Sandringham House and Balmoral Castle.
As monarch, Elizabeth possessed almost $28 billion in Crown Estate properties, including Buckingham Palace, the Duchy of Lancaster, the Duchy of Cornwall, Kensington Palace, and Crown Estate Scotland. These assets are not hers to sell, however, according to Forbes, the royal family receives 25% of the income from the Crown Estate.
The remainder is allocated to the British Treasury. For instance, during the fiscal year ending March 31, 2020, the Crown Estate earned more than $475 million in earnings. Forbes said that the nearly $120 million budgeted for the royals covered official expenses such as travel, salaries, and security.